Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a 23 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is > 56.5
Historical events that allowed us to draw this conclusion
21 Aug 07:30 |
24 Jul 07:30 |
23 Jun 07:30 |
21 Feb 08:30 |
24 Jan 08:30 |
22 Nov 08:30 |